£75m raised in technology start-up investment by Cambridge University
A capital investment fund company, founded by Cambridge University in partnership with other investors, has raised capital of £75 million in anticipation of an IPO flotation. This is a major success story for continuing investment into technology and healthcare innovative startups in the Cambridge region. The IPO was oversubscribed, a sure sign of the strong […]
NC State Boosts Efforts to Commercialize Research Discoveries | NC State University
North Carolina State University has announced that seven projects will receive support from its Chancellor’s Innovation Fund (CIF) in fiscal year 2017. The funding will help NC State researchers move innovative discoveries from the lab bench to the marketplace, in areas ranging from the development of new antibiotics to the creation of faster, more accurate […]
Cambridge university start-up fund raises £75m ahead of IPO
The university founded CIC in 2013 with an original £50m investment, which came from its own funds as well as outside investors including Lansdowne Partners, one of the largest hedge funds in London, and Arm Holdings, the technology group. The £75m of cash raised ahead of an expected IPO was oversubscribed, said Victor Christou, CIC’s […]
University of Kansas license agreement makes it easier for faculty to form new companies and for university to invest
A new type of licensing agreement now available to faculty members at the University of Kansas is making it easier for them to take lab discoveries and spin them out into new startup companies. Nikki Cheng, associate professor of pathology and laboratory medicine at KU Medical Center and founder of Fennik Life Sciences LLC, is […]
Innovation Birmingham Announces Strategic Partnership With Crowdcube
On Monday, Innovation Birmingham announced it formed a strategic partnership with equity crowdfunding platform Crowdcube as a way to encourage successful fundraising efforts for startups and early stage businesses. This announcement comes just after the completion of Innovation Birmingham’s iCentrum building and the launch of Serendip Smart City Incubator, which is described as a program that co-locates […]
Does every university need its own venture fund?
There are a number of other funds affiliated with various universities across the country. Cambridge Enterprise Seed Funds is this year celebrating 21 years of investment. IP Group has had deals with various universities for some time. This is in addition to Imperial Innovations, Oxford Sciences Innovation and of course our very ownCambridge Innovation Capital […]
University of Buffalo seed fund aims to make an IMPACT on new, innovative research
Greg Fabiano readily admits that his research project using a driving simulator to test teenage drivers who have attention deficit/hyperactivity disorder never would have received federal funding if it weren’t for a smaller seed grant that helped lay the framework for the study. The grant came in 2009 via an award administered through the University […]
Indiana University Plans Alumni Venture Fund, Taps Partnerships
Tony Armstrong recognizes the importance of forging alliances. It’s a core part of his job as the president and CEO of Indiana University’s Research and Technology Corporation—the university’s tech transfer arm—and as the assistant vice president in the Office of the Vice President for Engagement. Armstrong says partnerships are especially key to advancing innovation and […]
UB CAT awards over $500K to innovative life sciences companies
The University at Buffalo Center for Advanced Biomedical and Bioengineering Technology (UB CAT), a program of UB’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS), has awarded more than $500,000 in funding to 16 life sciences companies. Sponsored by the New York State Division of Science, Technology and Innovation (NYSTAR), the […]
Luxembourg to Set up a Seed Fund for Innovative Start-up Companies for U Luxembourg
The Luxembourg Government launched jointly with a group of private investors a seed fund to support the financing and the development of start-ups up to seven years of age which are operating within the national digital economy field. This move is a further step in increasing Luxembourg’s visibility as a hub for launching new innovative […]